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20121201
20121231
Search Results 0 to 9 of about 10 (some duplicates have been removed)
♪ >>> more yen selling. the u.s. dollar is rising further against the japanese currency on the foreign exchange market. the dollar has risen to the 85-yen level for the first time in 20 months. investors are selling yen on the tokyo foreign exchange on speculation policy makers at the bank of japan will agree to an inflation target proposed by the incoming administration. the new prime minister shinzo abe will take up office later in the day. analysts say the b.o.j. will likely further boost its monetary easing measures. the dollar is currently trading at 85.26-31 yen. ai uchida joins us now from the business desk for more on that. so ai, investors have been trading the dollar-yen quite dramatically over the last several weeks. >> that's right, catherine. just a month and a half ago that pair was trading in the mid 79-yen range. almost six whole yen weaker in just six weeks. a dramatic move indeed. so going forward, what can we expect? well, we spoke to disaburo nezo for his outlook. he is a senior executive fellow at fujitsu research institute. >> the yen's future is no
experts used data from previous launches to make their estimate. they say a missile launched in 2009 had a range of almost 7,000 kilometers. north korean officials tried again in april. that one exploded shortly after takeoff, but the first booster burned 18 seconds longer than those used in previous attempts. the experts believe engineers may have succeeded in reducing the size of a nuclear warhead. south korean officials say workers have completed the assembly of the three-stage missile. they say once the crew injects the fuel, it will be ready to go. authorities in pyongyang say they'll launch between the 10th and 22nd of this month. they say they're sending a satellite into orbit, but leaders of japan and other countries believe the north koreans are carrying out a test of a long-range ballistic missile. >>> the senior u.s. diplomat on north korea has warned the leadership there. he said the u.s. will refer the matter to the u.n. security council if they go ahead with the launch. >> we will be prepared to work with our partners, including the united nations security counc
to 2030. they say the u.s. won't be the world's only superpower. the council says china will pass the u.s. economically a few years before 2030. the council's analysts say the u.s. will remain unrivaled in its ability to orchestrate all aspects of power including the military it the analysts say the japanese economy will gradually shrink as the population ages and the labor force contracts. they say japan will retain fourth place in terms of overall power, trailing only the u.s., china and india. the council experts say asian countries such as india and indonesia are likely to boost their military power. but they warn of an arms race in asia. if the u.s. scales back its military commitment in the region. they say some tionmay begin developing nuclear weapons. new car sales are fueling china's economy. sales grew 8.2% in november from the same time last year. officials say nearly 1.8 million units were sold last month. japanese firms lost out after chinese consumers boytted their vehicles over a territorial dispute. they saw a slight improvement last month. total new car sales this china w
policy. >>> in the u.s. president barack obama and republican house speaker john boehner are scrambling to avoid the looming fiscal cliff. they're trying to reach an agreement on how to tax the wealthy. the president offered to limit tax hikes for people earning more than $400,000 a year. instead of his original proposal of $250,000. but republicans are calling for more concessions. >> what we've offered meets the definition of balance. but the president is not there yet. >> boehner said he will submit a bill to the house later this week proposing higher taxes only on people with income over $1 million a year. white house spokesperson jay carney said the two sides are close to a deal. >> the president has demonstrated obvious willingness to compromise and to move more than halfway. toward the republicans. >> spending cuts and tax increases including hikes on the middle class are set to take effect in the new year. the democrats and republicans will need to reach an agreement before then or the u.s. could face a recession. >>> let's check on the markets for this wednesday morning. well,
>>> glad to have you with us on this edition of "newsline." it's friday, december 21st. i'm catherine kobayashi in tokyo. they're hoping consumers will keep spending and not just on christmas presents. we have joined from the business desk with the numbers. >> the magic number is considered a rate that reflects a healthy stream of goods an services. the previous estimate didn't reach that number. officials at the commerce department have changed the picture of the economy filling in some gaps. they say the pace of growth is the highest. commerce department officials revised up their growth rate. gross domestic product grew from the previous quarter. it was up by 0.4% from the figure last month. it was up from 1.4 to 1.6%. consumer spending does account for 70% of gdp. expert growth was revised from 1.1% to 1.9%. federal government spending was changed. it was revised downward slightly but maintain the pace of 13.5%. still the u.s. economic outlook remains uncertain. the obama administration and the republicans are at a stand still to resolve the tax increases. here in japa
many japanese to question the use of atomic energy. the former government said it would aim to take all react ors off line within a couple of decades but now a new government is in power and promising a different approach. >> reporter: kaho izumitani is putting everything on the table when it comes to energy policy. they will explore possibilities including restarting nuclear reactors. >> translator: we need to decide our energy policy based on technical assessments. we will not start with the conclusion of halting nuclear power generation by the 2030s. >> reporter: the previous administration led by former prime minister yoshihko noda drafted an energy policy that stated the government would aim to shut down all nuclear plants by the 2030s. before last year's accident in fukushima, nuclear power accounted for 26% of the total energy supply in japan. currently only two out of 50 reactors in the country are online adding a mere 3% to the supply. fossil fuels are taking up the slack. utilities are paying more to import liquified natural gas to fire thermal plants. many are planning to rai
but maintain the pace of 13.5%. still the u.s. economic outlook remains uncertain. the obama administration and the republicans are at a stand still to resolve the tax increases. here in japan the central bank has started to consider a concrete inflation target. this is in response to a request made by the incoming leader. policy makers reviewed the inflation goal at a board meeting on thursday. they aim to reach a conclusion at their next meeting in january. liberal democratic party leader wants to pull japan's economy out of deflation once the new administration is in place. he's asking the boj to sign a policy accord with the incoming coming to make the target 2%. the rate remains at around 0%. it averaged at the lower 1% range during the bubble era in the late 1980s. some boj officials insist they should study the inflation impact on people's lives if it should double. others agree it might make it difficult to steer monetary measures in strview of economic conditions. the bank of japan plans to exam how its inflation target should be sent and when it shoultd be reached. let's g let's g
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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